Arsenal have made an approach for Real Madrid and Norway midfielder Martin Odegaard, 22.
However, Odegaard is said to be nearing a loan move to Sevilla.
Arsenal are to offer English midfielder Emile Smith Rowe, 20, a new £40,000-a-week deal.
Tottenham, West Ham and Sheffield United are among numerous clubs keen on signing 28-year-old Manchester United and England midfielder Jesse Lingard on loan.
Paris St-Germain are planning a surprise move for Manchester City and Spain centre-back Eric Garcia, 20.
Chelsea would prefer not to replace under-fire boss Frank Lampard with an interim manager mid-season.
But Lampard will be sacked if Chelsea’s results do not improve quickly.
Leicester City’s Kelechi Iheanacho, 24, Liverpool’s Divock Origi, 25, and Nice front man Kasper Dolberg, 23, are on a striker shortlist drawn up by RB Leipzig.
Tottenham and England left-back Danny Rose is wanted by Turkish side Trabzonspor. The 30-year-old is out of contract this summer.
AC Milan are closing in on an agreement for the loan of 23-year-old Chelsea centre-back Fikayo Tomori.
West Ham are preparing a new offer worth about £32m for Sevilla’s Moroccan striker Youssef En-Nesyri, 23.
Wolves are close to a loan deal for Real Sociedad’s Brazilian striker Willian Jose, 29, with the option to buy.
Arsenal target Emiliano Buendia has accepted Norwich will not let him leave for less than £40m. The 24-year-old Argentine midfielder is hopeful of landing a summer move.
Fulham will listen to offers for Norway midfielder Stefan Johansen, 30, 31-year-old French defender Maxime Le Marchand and Ivory Coast midfielder Jean Michael Seri, 29.
Manchester United are keen on Palmeiras’ Brazilian forward Gabriel Veron, 18.
Wolves are interested in 17-year-old Bolton winger Finlay Lockett.